2 1 Shi Ji Jing Ji Bao Dao·2025-11-26 23:14Core Points - The China Insurance Asset Management Association has officially changed its name to the China Banking and Insurance Asset Management Association, marking a significant step in the self-regulation of the asset management industry in China [2][3] Group 1: Name Change and Significance - The name change is seen as a major initiative to enhance the self-regulatory management system of the wealth management industry and to promote the collaborative development of banking and insurance asset management institutions [2] - This transition signifies a new phase in the self-regulation of China's asset management industry [2] Group 2: Strategic Focus and Goals - The banking and insurance asset management sector is urged to implement the spirit of the 20th Central Committee's Fourth Plenary Session, focusing on national strategies and the "14th Five-Year Plan" [2] - Emphasis is placed on building a new wealth management framework, deepening reform and innovation, and ensuring a robust safety net for sustainable development [2][3] Group 3: Membership and Structure - The association comprises various members, including 30 banking wealth management subsidiaries and 35 insurance asset management companies, among others [3][4] - The association is a national, industry-specific, non-profit social organization that operates under the guidance and supervision of the National Financial Supervision and Administration Bureau and the Ministry of Civil Affairs [3] Group 4: Future Directions - The association aims to enhance political awareness, responsibility, and governance structure while improving member services and maintaining market credibility [3][4] - The new leadership is committed to fulfilling the roles of self-regulation, rights protection, coordination, and service to contribute to the high-quality development of the industry [4]